Telkom sells Swiftnet to private equity firm and black-owned investment entity

Private equity firm and black-owned investment outfit want to turn acquired entity into a leading tower company

24 March 2024 - 00:00

By THABISO MOCHIKO

Private equity firm Actis and black-owned investment firm Royal Bafokeng Holdings have ambitious plans to turn Swiftnet into a “leading” tower company after the R6.75bn acquisition of the business from Telkom.

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Please visit SundayTimes.co.za in your desktop to view our latest subscription options.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.